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Sumitomo Electric also continues to be the leading manufacturer of composite semiconductors (GaAs, GaN, InP), which are widely used in semiconductor lasers, LEDs, and mobile telecommunications devices. The company is one of the top three manufacturers in the world of optical fiber. Sumitomo Electric Industries is a part of the Sumitomo keiretsu.
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Sumitomo Corporation (Japanese: 住友商事株式会社, Hepburn: Sumitomo Shōji kabushiki gaisha) is one of the largest worldwide sōgō shōsha general trading companies, and is a diversified corporation. The company was incorporated in 1919 and is a member company of the Sumitomo Group.
Sumitomo Corporation* Integrated trading: Sumitomo Electric Bordnetze: Auto parts suppliers Sumitomo Electric Industries, Ltd.* Electronics and electric products Sumitomo Forestry Co., Ltd. Lumber and housing: Sumitomo Heavy Industries* Machinery, weaponry, and shipbuilding Sumitomo Life: Insurance: Nippon Steel* Steel: Sumitomo Metal Mining Co ...
SUMITOMO CHEMCL (SOMMY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Other copper initiatives include the Resolution project in the U.S. and the recent sale of a 30% stake in the Australian Winu project to Sumitomo for $399 million. Such strategic sales should help ...
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(Reuters) -Archer Aviation said on Thursday a joint venture between Japan Airlines and Sumitomo Corp had secured the right to place orders for up to 100 of its electric air-taxis worth $500 million.